Wall Street with subsequent records. Alliance nvidia and openai

The swelling valuations of large technology companies have pushed S&P and Nasdaq to new records of all time. The information of the day was another NVIDIA investment offensive. This time, the AI ​​bullshit star will invest in Openai itself.

The S & P500 index on Monday has grown by 0.44% and ended the day at the level of 6,693.75 points, setting up another record of all time this year (and the next in September). In total, it was a day at Wall Street.

Nasdaq Composite went up by 0.70% and also checked in at the highest level in history. And this is not surprising, because the main characters of the Monday session were technology companies again. Nvidia shares made almost 4%to earn. The California company announced that it would invest to $ 100 billion at Openai – a chatagpt promoter. This is not the first NVIDIA investment at Openai, but the previous ones were not on such a scale. Let's add that on Thursday Nvidia just informed the investment of nearly USD 9 billion in Intel.

Added to this were Apple's 4.3% of Action, which was helped by another positive recommendation from analysts. Oracle – the latest bull market star related to generative artificial intelligence and associated with this boom on computing centers went by more than 6% up.

All this was watered with a sauce of visions of lower interest rates in the federal reserve. The market is almost fully valued by two 25-punk federal fund reductions by the end of 2025 and at least two or three such cuts in 2026. The lower discount rate increases the value of future expected cash flows and in this way increases the value especially of growth companies – according to the Fedwatch Tool calculations.

“We need to see new catalysts so that the actions can go significantly up, while the market seems to ignore potential problems,” said Oliver Pursche, Vice President of Wealthspire Advisors quoted by Reuters. “We show customers that we are at historical peaks and that the valuations are heavily stretched,” added Pursche.

The C/Z indicator for the S & P500 index is 30.85 and higher than it was only three times in history: in 2021, 2009 (effect of gigantic write-offs in the financial sector) and in 2001-02 (hangover after the internet bubble).

It is also worth noting a new record of all time on the gold market. The “barbaric relic” has been impressive from the beginning of the year, an impressive rate of return over 44%, beating Nasdaq's technological head, which gave “only” 18%. It is difficult to escape from the impression, not so much financial assets are more expensive, which the dollar dramatically loses the purchasing power.

KK

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